Today's China plays a more influential and significant international role than 40 years ago. It has started to assert more power internationally and increased national security. In 1978, Deng Xiaoping initiated the Reform and Opening Up policy and opened China's door to the world. As a result, China’s GDP rose from 367.9 billion yuan in…
Read moreTag: China law
Most people believe China has a ‘great wall’ all around its boundaries. The same belief holds when it comes to debt collection, especially if one of the parties is out of China. At Horizons, we’ve met several cases where the creditors have simply given up when it comes to debt collection. Our position in this…
Read more
Corporate governance in China: A review of meetings and resolutions of the Limited Liability Company
Shareholders’ meeting Company Law of the People's Republic of China establishes the shareholders' meeting of a limited liability company to be comprised of its shareholders and is the highest authority in the company. The Shareholders’ meeting is an indispensable component in which members exercise their investor’s right to collectively govern the company, in accordance with…
Read more